D.A. Davidson sees further upside of 18% ahead for AI trade poster child Nvidia.
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D.A. Davidson has finally come around to our way of thinking.
Nvidia shares weren't moving much in extended trading. But make no mistake, the chipmaker's earnings report was impressive.
Analysts across Wall Street reiterated their bullish stances on Nvidia heading into the chipmaker's flagship conference next week.
"We believe near-term AI fundamentals are strong, driven by strong hyperscale capex spending," said one analyst.
HSBC sees upside of 78% ahead for AI poster child Nvidia.
All eyes remain on Nvidia's quarterly results this week.
